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<br /> DEED OF TRUST
<br /> THIS DEED OF TRUST ("Security Instrument") is made on J u n e s , i s s s . The trustor is
<br /> MARVIN E . NELSON and GWENETH E . NELSON , Husband and Wife
<br /> ("Borrower").
<br /> Thetrusteeis COLUMBUS FEDERAL SAVINGS BANK ("Trustee���.
<br /> Thebeneficiaryisco � uMaus FEDERAL SAVINGS BANK
<br /> �
<br /> which is organized and existing under the laws of N E B R A S K A ,and whose address is
<br /> PO BOX 908 , COLUMBUS , NE 68602 - 0908 ("Lender"�.
<br /> Borrower owes Lender the principal sum of s i x t y T w o T h o u s a n d o o > > a r s a n d n o / i o 0
<br /> Dollars(U.S. $ s 2 , o 0 0 . o o ). This debt is
<br /> evidenced by Borrower's note dated the same date as this Security instrument ("Note"),which provides for monthly
<br /> payments,with the full debt, if not paid earlier, due and payable on � � � y i , 2 0 2 s . This Security
<br /> Instrument secures to Lender: (a)the repayment of the debt evidenced by the Note,with interest, and all renewals,
<br /> extensions and modifications of the Note; (b)the payment of all other sums,with interest, advanced under paragraph 7
<br /> to protect the security of this Security Instrument;and (c)the performance of Borrower's covenants and agreements.
<br /> For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust,with power of sale,the following
<br /> described property located in H A L L County, Nebraska:
<br /> A PART OF LOTS TEN ( 10 ) AND ELEVEN ( 11 ) , HOME SUBDIVISION , CITY OF
<br /> GRAND ISLAND , HALL COUNTY , NEBRASKA , AND MORE PARTICULARLY
<br /> DESCRIBED AS FOLLOWS : BEGINNING AT A POINT ON THE WESTERLY
<br /> RIGHT - OF -WAY LINE OF WHEELER AVENUE , SAID POINT BEING ONE HUNDRED
<br /> TEN AND SEVEN TENTHS ( 110 . 7 ) FEET SOUTHEASTERLY FROM THE NORTHEAST
<br /> CORNER OF SAID LOT TEN ( 10 ) , HOME SUBDIVISION AND A POINT ON THE
<br /> SOUTHERLY LINE OF EIGHTEENTH STREET AS SURVEYED THROUGH SAID LOT
<br /> TEN ( 10 ) ; THENCE RUNNING ALONG AND UPON THE SOUTH LINE OF
<br /> EIGHTEENTH STREET AS SURVEYED , FOR A DISTANCE OF ONE HUNDRED FOUR
<br /> ( 104 ) FEET TO THE ACTUAL POINT OF BEGINNIN6 ; THENCE RUNNING IN A
<br /> SOUTHEASTERLY DIRECTION ON A LINE PARALLEL WITH WHEELER STREET ,
<br /> FOR A DISTANCE OF ONE HUNDRED THIRTY - TWO ( 132 ) FEET TO THE NORTH
<br /> LINE OF THE AILEY ; THENCE RUNNIN6 SOUTHWESTERLY ON AND UPON THE
<br /> NORTH LINE OF THE ALLEY FOR A DISTANCE OF FIFTY - TWO ( 52 ) FEET ;
<br /> THENCE RUNNING NORTHWESTERLY ON A LINE PARALLEL WITH WHEELER
<br /> STREET FOR A DISTANCE OF ONE HUNDRED THIRTY - TWO ( 132 ) FEET TO A
<br /> SOUTH LINE OF EIGHTEENTH STREET ; THENCE RUNNING NORTHEASTERLY
<br /> ALONG AND UPON THE SOUTH LINE OF EIGHTEENTH STREET FOR A DISTANCE
<br /> OF FIFTY - TWO ( 52 ) FEET TO THE POINT OF BEGINNING .
<br /> whichhastheaddressof 311 WEST 18TH STREET , 6RAND ISLAND ,
<br /> [Street] [City]
<br /> Nebraska s a s o i ("Property Address");
<br /> [Zp Code]
<br /> TOGETHER WITH all the improvements now or hereafter erected on the property,and all easements,
<br /> appurtenances, and fixtures now or hereafter a part of the property.Ail replacements and additions shall also be
<br /> covered by this Security Instrument.All of the foregoing is referred to in this Security Instrument as the"Properry."
<br /> BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant
<br /> and convey the Property and that the Properry is unencumbered, except for encumbrances of record. Borrower
<br /> warrants and will defend generally the title to the Property against all claims and demands, subject to any
<br /> encumbrances of record.
<br /> NEBRASKA—SINGLE FAMILY—FNMA/FHLMC UNIFORM INSTRUMENT FORM 3028 9/90
<br /> ISC/CMDTNE//0792/3028(9-90)-L •+.: P/,�,GE 1 OFfi
<br />
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